98. '' Once allocation between the two broad asset classes is decided , investors has to get into the sub classification.'' In this context, explain the term asset allocation.
Ans: The asset classes the investors chooses, and how he weights his investment in each , will depends upon his investment time frame,risk comfort level, and other indidvidual consideration . Asset allocation is a strategy , which usually apportions investments among cash equivalents , stock in domestic and foreign companies , fixed -income investments , and real estate.